First Trust Municipal High Income ETF (FMHI)
51.03
+0.01 +0.01%
NASDAQ
Jul 8, 20:00
Delayed 2m
USD
Key Stats
| Expense Ratio | 0.55% |
| Total Assets Under Management | 99.44M |
| Share Class Assets Under Management | 99.44M |
| 30-Day Average Daily Volume | 11579.83 |
| Net Asset Value | 51.00 |
| Discount or Premium to NAV | 0.07% |
| Turnover Ratio | 71.00% |
| 1 Year Fund Level Flows | 46.10M |
View All FMHI News
News
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WireHeadlineTime (ET)
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Business Wire06/24 17:27
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Business Wire05/20 17:07
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Business Wire04/20 17:46
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Business Wire03/25 16:52
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Business Wire02/20 16:19
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Business Wire01/21 16:52
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Business Wire12/12 17:44
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Business Wire11/20 16:24
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SA Breaking News10/22 09:38
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Business Wire10/21 16:42
Performance & Returns
| Total Return (Price) | Total Return (NAV) | Cat. Total Return (NAV) | % Rank in Cat. (NAV) | |
|---|---|---|---|---|
| 1M | 2.03% | 1.89% | 1.89% | 48 |
| 3M | 7.02% | 7.26% | 6.06% | 23 |
| 6M | -3.43% | -3.32% | -2.76% | 66 |
| YTD | -2.68% | -2.70% | -2.18% | 67 |
| 1Y | 0.61% | 0.74% | 0.41% | 40 |
| 3Y | -- | -- | 3.72% | -- |
| 5Y | -- | -- | 4.10% | -- |
| 10Y | -- | -- | 5.12% | -- |
| 15Y | -- | -- | 3.91% | -- |
| 20Y | -- | -- | 4.67% | -- |
Asset Allocation
| Type | % Net | % Long | % Short |
|---|---|---|---|
| Cash | 3.59% | 3.59% | 0.00% |
| Stock | 0.00% | 0.00% | 0.00% |
| Bond | 96.41% | 103.1% | 6.73% |
| Convertible | 0.00% | 0.00% | 0.00% |
| Preferred | 0.00% | 0.00% | 0.00% |
| Other | 0.00% | 0.00% | 0.00% |
Region Exposure
| Americas | 98.87% |
| North America | 96.80% |
| Latin America | 2.07% |
| Greater Europe | 0.00% |
| United Kingdom | 0.00% |
| Europe Developed | 0.00% |
| Europe Emerging | 0.00% |
| Africa/Middle East | 0.00% |
| Greater Asia | 1.13% |
| Japan | 0.00% |
| Australasia | 0.00% |
| Asia Developed | 1.13% |
| Asia Emerging | 0.00% |
| Market Classification | |
| % Developed Markets | 100.0% |
| % Emerging Markets | 0.00% |
FMHI Bond Exposure
| Government | 0.00% |
| Corporate | 0.00% |
| Securitized | 0.00% |
| Municipal | 97.95% |
| Cash | 2.05% |
| Derivative | 0.00% |
FMHI Bond Credit Quality Exposure
| AAA | 0.24% |
| AA | 11.27% |
| A | 12.81% |
| BBB | 14.99% |
| BB | 19.91% |
| B | 1.84% |
| Below B | 1.01% |
| Not Rated | 37.93% |
FMHI Bond Maturity Exposure
| 1 to 7 Days | 0.00% |
| 8 to 30 Days | 0.00% |
| 31 to 90 Days | 0.00% |
| 91 to 182 Days | 1.05% |
| 183 to 364 Days | 0.00% |
| 1 to 3 Years | 2.09% |
| 3 to 5 Years | 2.19% |
| 5 to 7 Years | 7.83% |
| 7 to 10 Years | 19.85% |
| 10 to 15 Years | 16.12% |
| 15 to 20 Years | 32.75% |
| 20 to 30 Years | 14.88% |
| Over 30 Years | 3.25% |
View More Holdings
As of July 8, 2020
Top 10 Holdings
| Symbol | Name | % Weight | Price | % Chg |
|---|---|---|---|---|
| -- | Ultra 10 Year US Treasury Note Future Sept 20 | -6.58% | -- | -- |
| -- | BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 3.40% | -- | -- |
| -- | ILLINOIS ST 5% | 2.22% | -- | -- |
| -- | BERKS CNTY PA MUN AUTH UNIV REV 5% | 1.96% | -- | -- |
| -- | PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% | 1.74% | -- | -- |
| -- | HARBOR POINT INFRASTRUCTURE IMPT DIST CONN SPL OBLIG REV 5% | 1.70% | -- | -- |
| -- | TSASC INC N Y 5% | 1.63% | -- | -- |
| -- | OREGON ST FACS AUTH REV 5% | 1.50% | -- | -- |
| -- | MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5.25% | 1.44% | -- | -- |
| -- | ARIZONA INDL DEV AUTH ED REV 4% | 1.39% | -- | -- |
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Basic Info
| Investment Strategy | |
|---|---|
| The investment seeks to provide federally tax-exempt income, and its secondary objective will be long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities. The fund is non-diversified. | |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Low Quality/Extensive Sensitivity |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | First Trust |
| Benchmark Index | |
| BBgBarc Municipal TR USD | 100.0% |
| Reports | |
| One Page Report | Download |
Manager Info
| Name | Tenure |
|---|---|
| J. Thomas Futrell | 2.66 yrs |
| Johnathan Wilhelm | 2.66 yrs |
Net Fund Flows
| 1M | 0.00 |
| 3M | 0.00 |
| 6M | 11.67M |
| YTD | 11.67M |
| 1Y | 46.10M |
| 3Y | -- |
| 5Y | -- |
| 10Y | -- |
Risk Info
| Beta (5Y) | -- |
| Max Drawdown (All) | 16.66% |
| Historical Sharpe Ratio (10Y) | -- |
| Historical Sortino (All) | 0.2346 |
| 30-Day Rolling Volatility | 2.93% |
| Daily Value at Risk (VaR) 1% (All) | 1.92% |
| Monthly Value at Risk (VaR) 1% (All) | 12.85% |
Fundamentals
| Dividend Yield TTM (7-8-20) | 3.36% |
| 30-Day SEC Yield (5-29-20) | 3.48% |
| 7-Day SEC Yield | -- |
| Current Yield | 4.64% |
| Yield to Maturity | -- |
| Effective Duration | 7.02 |
| Average Coupon | 4.86% |
| Average Credit Score | 12.00 (BB) |
| Average Price | 106.06 |
| Number of Holdings | 185 |
Attributes
| Key Dates | |
|---|---|
| Inception Date | 11/2/2017 |
| Termination Date | |
| Last Annual Report Date | 7/31/2019 |
| Last Prospectus Date | 12/2/2019 |
| Attributes | |
| Exchange Traded Share | Yes |
| Exchange Traded Note | No |
| Enhanced Index Fund | No |
| Fixed Distribution Fund | No |
| High-Net Worth Individual Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
| General Availability | |
| Available for Insurance Product | No |
| Available for Retirement Plan | No |
| Available for RRSP | No |
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